Intermediaries are agents who, as their name suggests, try to mediate or put in contact two or more parties trying to carry out a transaction or negotiation. The intermediary must connect these two agents with the ultimate aim that there is an exchange or, failing that, a communication between them. The intermediary charges a fee … Read more
The concept of the individual entrepreneur, also known as an autonomous individual company, is a person who is engaged in an economic or professional activity on their own account. By the definition of individual entrepreneur we understand that there is no fragmentation at either the legal or judicial level, of who the owner and the … Read more
Intangible assets are assets that the company owns and that cannot be physically perceived. However, they are considered assets because they help the company produce an economic return through them. Examples of intangible assets can be Brand value, knowledge of work methodologies, patents or the goodwill. These intangible assets make up a large part of … Read more
The definition of influencer is a person who has a certain credibility on a certain topic, and who, due to his presence and influence on social networks and the Internet, can become a perfect prescriber for a brand, so that it achieves more popularity and visibility online. In other words, an influencer is able to … Read more
The concept of insolvency is a legal situation in which the company finds itself when it does not have liquidity enough to meet the payment of the company's obligations. In this way, insolvency is defined as the inability of a person or company to pay its debts. The insolvency of a company occurs, in accounting … Read more
INPC is the abbreviation of the National Consumer Price Index, which is nothing more than an economic indicator that measures the change that occurs in the goods and services consumed by the households of a country in a certain specific time. Thanks to this data, important trends can be known about the evolution of a … Read more
The Theory of the Invisible Hand was developed by the economist Adam Smith and is a metaphor for how the pursuit of self-interest can be beneficial to the whole of society. In other words, according to this theory, there is no disadvantage for each person to seek their individual interest, since the law of supply … Read more
The definition of IP address is the number that identifies a device on a network, be it a computer, router, printer, etc. It is the acronym for 'Internet Protocol'. These devices, when integrated into a network, will be identified through a unique IP number in that network. It will be made up of four numbers … Read more
The concept of initial expenses in the financial field refers to the budget that runs a company before undertaking a project. For the proper functioning of a company it will be necessary to have a series of assets and personnel that will depend on the characteristics and size of the company. So that there is … Read more
Interest on late payment is what is applied as a penalty when the debtor fails to comply with payment obligations. The amount of late payment interest must always appear in the contract in which the conditions of the loan or credit with the booth. We can demand the late payment interest on unpaid bills When … Read more
